Kmart closing Big Isle store

The Kmart store in Kailua-Kona on Hawaii island is closing in early August, according to its parent company, Sears Holdings Corp., and began liquidation sales five days ago.

SHARE

STAR-ADVERTISER FILE

Kmart spokesman Howard Riefs said the company was making “the difficult, but necessary decision” to close the Kmart store at 74-5465 Kamakaeha Ave.

ADVERTISING

The Kmart store in Kailua-Kona on Hawaii island is closing in early August, according to its parent company, Sears Holdings Corp., and began liquidation sales five days ago.

Kmart spokesman Howard Riefs said the company was making “the difficult, but necessary decision” to close the Kmart store at 74-5465 Kamakaeha Ave.

“We have been strategically and aggressively evaluating our store space and productivity, and have accelerated the closing of unprofitable stores as previously announced,” Riefs said in an e-mail. “This is not an effort solely aimed at cost savings but is part of a strategy we have been executing as many of our larger stores are too big for our needs. Having fewer stores – and the right format – will help us bring Sears Holdings to a size and place to meet the realities of the changing retail world.”

The number of employees affected by the closure is not publicly available, he said, but those that are eligible will receive severance pay and have the opportunity to apply for open positions at area Sears and Kmart stores.

The last Kmart store on Oahu, a 135,000-square-foot location in Kapolei, closed in October of last year. After the closure of the Kailua-Kona store, the only remaining Kmart in Hawaii will be in Lihue, Kauai.

By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE.
An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks.
If your comments are inappropriate, you may be banned from posting.
Report comments if you believe they do not follow our guidelines.